194 KRAMS AVE, PHILADELPHIA, PA 19127 (MLS # PAPH921082)

Price $625,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,000 sqft
Lot Size 2,178 sqft
Days on Market 14
Calling ALL INVESTORS: This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned cmx-1, for sale just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have 2 large 4 bedroom houses to rent. Unit 1 is a 700 sqft one bedroom apartment with access to the enormous basement. This apartment is currently occupied for $1200/mo with lease ending September 30th. Unit 2 is a huge 3300 sq ft house with 7 large bedrooms, 2 full kitchens, 3 full baths, 2 living rooms over 3 levels of space. Currently only 3 tenants are living in this unit paying $2000/mo. on a month to month basis. However, in the recent past (2019) this unit was rented for as much $4500/mo. The 6 parking spaces have been rented for between $100-$200/mo adding even more potential income to this property. Utility bills can be obtained to see operating costs. Property taxes are low at $4,350/yr. the property has new hot water heaters recently installed and a new main line sewer line for $6000. The roof has been seal coated and ready for the new owner. This house is being sold as part of an estate, therefore will be sold as is. However, contents of the house can be removed if the buyer prefers that or the majority of furniture in the 7 bedroom unit can stay. 24 Hour notice required for showings.
Property Type(s): Multi Family
Last Updated 8/1/2020 Tract MANAYUNK
Year Built 1900 Community PHILADELPHIA
County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
AREA PHILADELPHIA
BASEMENT Other, Yes
CONSTRUCTION Masonry
GARAGE Crushed Stone
HEAT Hot Water
HOA DUES None
LOT 2178 sq ft
LOT DIMENSIONS 22.09 x 100.00
SEWER Public Sewer
STYLE Converted Dwelling
SUBDIVISION MANAYUNK
TAXES 4352.00
WATER Public
ZONING CMX1

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Russo to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by RE/MAX Ace Realty
BrightMLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Berkshire Hathaway Home Services participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Berkshire Hathaway Home Services are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2020 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 8/14/20 3:10 PM PDT

This IDX solution is (c) Diverse Solutions 2020.

Email a Friend